America has its share of ambitious people. But it is almost guaranteed that none in its lengthy history have filed a lawsuit against a bank for more money than Dalton Chiscolm. If my math is correct, Chiscolm is suing Bank of America (BAC) for over $1.78 septillion -- a septillion is 1 with 24 zeros after it. If Bank of America agreed to pay what its customer is asking, it would wipe out the bank's $196 billion in common equity 9.1 trillion times over.

According to Reuters, Chiscolm was unhappy because Bank of America would not deposit some of his checks due to problems with their routing numbers. And his efforts to solve the problem with the help of a "Spanish womn" were unsatisfactory. Chiscolm's lawsuit requests damages for his suffering, specifically, he asks that "1,784 billion, trillion dollars" be deposited into his ATM account the next day. He also demanded an additional $200,164,000."

Although Chiscolm's request sounds reasonable to me, I am not a judge. The judge in his case, U.S. District Judge Denny Chin, described his complaint as "incomprehensible." What's so hard to understand about the request? Chiscolm is angry with Bank of America and wants it to pay him about 30 billion times the world's total GDP of $60 trillion.

Maybe it's time for the U.S. government to step in and bail out Bank of America so it can pay him -- after the $45 billion it's received so far, what's an extra septillion?

Update. This is not his first lawsuit. In Janaury 2009, Chiscolm sued his landlord for $892 million billion dollars -- or $892 quadrillion. In his January complaint, Chiscolm alleged that "Manerment nor mainterntmen had no atcuse's to go in my apartment what so ever I had to keep a lock no the kichen cabernit." The court dismissed his complaint.

Peter Cohan is a management consultant, Babson professor and author of eight books including, You Can't Order Change. Follow him on Twitter. He has no financial interest in the securities mentioned.


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